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Rising Demand For Refined Petroleum Products Energizes The Refinery And Petrochemical Filtration Market Driver: A Major Catalyst in the Evolution of the Refinery And Petrochemical Filtration Market in 2025

03-18-2025 07:26 AM CET | Energy & Environment

Press release from: The Business Research Company

Refinery And Petrochemical Filtration Market

Refinery And Petrochemical Filtration Market

What industry-specific factors are fueling the growth of the refinery and petrochemical filtration market?
The surge in the need for refined petroleum products is predicted to bolster the expansion of the refinery and petrochemical filtration markets moving forward. Processed variants of crude oil, called refined petroleum products such as gasoline, diesel, and jet fuel, have been purified and distilled to meet certain specific consumer and industrial requirements. To enhance the quality of these petroleum products, processes like refinery and petrochemical filtration are utilized. Initial filtration aids in eliminating impurities from crude oil, while the petrochemical filtration makes the products apt for a wide range of uses, from being chemicals to fuels. For example, it was reported in March 2023, by Canada's statistical agency, Statistique Canada, that there was an increase in the production of refined petroleum products by 0.8% in 2022 compared to the previous year, reaching a total of 112.3 million cubic meters. There was a significant rise owing to kerosene-type jet fuel (+44.7%) and distillate fuel oil (+2.1%). Hence, the growing demand for refined petroleum products is anticipated to fuel the growth of refinery and petrochemical filtration markets. Refinery And Petrochemical Filtration Market Driver: Swift Industrialization Fuels The Growth Of The Refinery And Petrochemical Filtration Market

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What Is the projected market size and growth rate for the refinery and petrochemical filtration market?
The market size of refinery and petrochemical filtration has experienced significant growth recently. An increase from $4.67 billion in 2024 to $5 billion in 2025 is predicted, equating to a compound annual growth rate (CAGR) of 7.3%. The expansion during the historical period can be linked to factors such as regulatory compliance, rising demand for refined commodities, emphasis on operational efficiency, global economic factors, and decaying infrastructure.

The market size for refinery and petrochemical filtration is projected to experience robust expansion in the coming years and is estimated to reach $6.28 billion by 2029, with a compound annual growth rate (CAGR) of 5.9%. Factors contributing to this growth in the projection period include strict environmental regulations, an increase in worldwide energy needs, emphasis on sustainable methods, investment in improving infrastructure, prevailing global economic conditions, and energy transitions. Key trends expected during this forecast period are digitalization and Industry 4.0, progress in filtration technology, technological innovations, emphasis on economical solutions, and a rising need for high-efficiency filtration systems.

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What new trends are reshaping the refinery and petrochemical filtration market and its opportunities?
Leading firms in the refinery and petrochemical filtration industries are concentrating their efforts on creating innovative filtration solutions to better their efficiency, drainage performance and to earn a competitive edge. These filtration solutions are specific technologies and goods geared at efficiently cleaning and purifying gases or liquids in processes like carbon capture, ensuring superior quality results and enhanced operational efficiency. For example, in September 2024, Cleanova, a filtration solutions firm based in the US, debuted Cleanova. C-CLEAN. This advanced filtration solution is specifically designed for carbon capture, utilization, and storage (CCUS) needs. It caters to the immediate demand for high-purity carbon dioxide (CO2) by providing tailor-made filtration technologies capable of effectively removing solid and liquid contaminants from feed gases. This product range includes innovative components such as UNIQ-MAX high-capacity filters, liquid/gas coalescers, activated carbon filters, and oil mist eliminators, all of which are designed to amplify operational efficiency and aid decarbonization efforts. By boosting efficient and effective carbon capture processes, Cleanova.C-CLEAN strives to help industries meet their sustainability goals while diminishing their environmental impact.

What major market segments define the scope and growth of the refinery and petrochemical filtration market?
The refinery and petrochemical filtration market covered in this report is segmented -

1) By Filter Type: Coalescer Filters, Cartridge filters, Electrostatic Precipitator, Filter Press, Bag Filter, Other Filter Types
2) By Application: Liquid-Liquid Separation, Liquid-Gas Separation, Other Applications
3) By End-Users: Refineries, Petrochemical Industry

Subsegments:
1) By Coalescer Filters: Liquid-Liquid Coalescers, Gas-Liquid Coalescers
2) By Cartridge Filters: Pleated Cartridge Filters, String-Wound Cartridge Filters
3) By Electrostatic Precipitator: Wet Electrostatic Precipitators, Dry Electrostatic Precipitators
4) By Filter Press: Automatic Filter Press, Manual Filter Press
5) By Bag Filter: Polypropylene Bag Filters, Nylon Bag Filters
6) By Other Filter Types: Magnetic Filters, Activated Carbon Filters

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Europewas the largest region in the refinery and petrochemical filtration market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the refinery and petrochemical filtration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the refinery and petrochemical filtration industry growth?
Major companies operating in the refinery and petrochemical filtration market report are 3M Company, Eaton Corporation PLC, Parker Hannifin Corporation, Atlas Copco, AMETEK Inc., MANN+HUMMEL Holding GmbH, Pentair PLC, ExxonMobil Chemicals Company, Donaldson Company Inc., Pall Corporation, Filtration Group Corp., Burckhardt Compression Holding AG, Camfil AB, Ariel Corporation, Axens SA, Hilliard Corporation, Porvair Filtration Group, Amazon Filters Ltd., Graver Technologies, Blasch Precision Ceramics Inc., Filtration Technology Corporation, Norman Filter Company, Sungov Engineering Private Limited, Filson filter, Compositech Products Manufacturing Inc., RCI Technologies Inc., Brother Filtration, Lenntech B.V., Filtcare Technology Pvt. Ltd., Yixing Huading Machinery Co. Ltd.

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What Is Covered In The Refinery And Petrochemical Filtration Global Market Report?

•Market Size Forecast: Examine the refinery and petrochemical filtration market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the refinery and petrochemical filtration market for a structured understanding.
•Key Players Overview: Analyze major players in the refinery and petrochemical filtration market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the refinery and petrochemical filtration market.
•Segment Contributions: Evaluate how different segments drive overall growth in the refinery and petrochemical filtration market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the refinery and petrochemical filtration market.
•Industry Challenges: Identify potential risks and obstacles affecting the refinery and petrochemical filtration market.
•Competitive Landscape: Review strategic developments in the refinery and petrochemical filtration market, including expansions, agreements, and new product launches.

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

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Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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